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A contract requires lease payments of $400 at the beginning of every month for 4 years. a. What is the present value of the contract
A contract requires lease payments of $400 at the beginning of every month for 4 years.
a. What is the present value of the contract if the lease rate is 5.76% compounded annually?
Round to the nearest cent
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
